 |
Definition of 'Auto Insurance'
A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. Instead of paying out of pocket for auto accidents, people pay annual premiums to an auto insurance company; the company then pays all or most of the costs associated with an auto accident or other vehicle damage.
|
 |
Investopedia explains 'Auto Insurance'
Auto insurance premiums, or the amount policyholders pay to be insured, vary depending on: age, gender, years of driving experience, accident and moving violation history, and other factors. Most states mandate that all vehicle owners purchase a minimum amount of auto insurance, but many people purchase additional insurance to further protect themselves.
A poor driving record or the desire for more complete coverage will lead to higher premiums. However, you can reduce your premiums by agreeing to take on more risk, which means increasing your deductible.
|
Search results for 'Auto Insurance'
-
http://financialedge.investopedia.com/financial-edge/0811/How-To-Reduce-Auto-Insurance-Costs.aspx
... How To Reduce Auto Insurance Costs. ... Filed Under: Insurance. When was the last
time you took a good look at your auto insurance policy? ...
-
http://www.investopedia.com/articles/pf/08/beginner-guide-auto-insurance.asp
Beginner's Guide To Auto Insurance. ... happens. Factors to Consider Before Buying
Auto Insurance. Advertisement - Article continues below. ...
-
http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/cfp4.asp
... Homeowners Insurance; 10.4 Replacement Values of Lost Property; 10.5 Homeowner
Endorsements and Auto Insurance; 10.6 Automobile Insurance ...
-
http://financialedge.investopedia.com/financial-edge/0911/Lesser-Known-Insurance-Policies.aspx
... Filed Under: Insurance. Life and auto insurance are not generally the sort
of topics that ignite conversation. Chances are, you have ...
-
http://www.investopedia.com/articles/pf/08/car-insurance-costs.asp
... 1. Insure Multiple Cars/Drivers If you obtain a quote from an auto insurance company
to insure a single vehicle, you might end up obtaining a higher quote (per ...
-
http://www.investopedia.com/articles/pf/08/business-insurance-coverage.asp
Insurance Coverage: A Business Necessity. October ... Related Articles. Everything
You Should Know About Corporate-Owned Life Insurance. This ...
-
http://www.investopedia.com/articles/pf/07/five_policies.asp
5 Insurance Policies Everyone Should Have. October ... Related Articles. Everything
You Should Know About Corporate-Owned Life Insurance. This ...
-
http://financialedge.investopedia.com/financial-edge/1111/6-Types-Of-Insurance-Coverage-You-Didnt-Think-You-Needed.aspx
... to death or illness. It is often sold through the same insurer you use
for your homeowner's, renter's or auto insurance coverage. ...
-
http://www.investopedia.com/university/insurance/
... Whether it's auto, medical, liability, disability or life, insurance serves
as an excellent risk-management and wealth-preservation tool. ...
-
http://www.investopedia.com/articles/insurance/09/bundle-insurance.asp
... When combining auto, home and life insurance, it wouldn't be unusual for many
families to spend between $3,000-5,000 - or more - per year. ...
|
|
